TapSwap a Crypto Project with Telegram Bot Tapping on Solana blockchain

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TapSwap is a new Crypto exchange project that combines the key features of modern DeFi platforms and offers a multitude of new opportunities for its community. The goal of TapSwap is to provide a fast, efficient, and secure way to exchange cryptocurrency, utilizing the advantages of the Solana blockchain. Key Features on TapSwap include: • Mining Bot: This is a telegram bot for mining and the TAPS token distribution. • Staking Rewards: The staking platform for receiving additional rewards. • Decentralized governance: TapSwap token holders have voting rights and can actively participate in the development of the platform. • Profit distribution: The profit distribution system allows token holders to receive a certain percentage of the operations on the platform. TAPS Token TAPS Token is the native token of the TapSwap ecosystem which has begun distributing the token to the community through a bot-tapping mechanism. Total Supply - 1,000,000,000 Telegram Bot Allocation- 150,000,000 TAPS
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Breaking: CoreDAO launches Non-custodial Bitcoin Staking (coreBTC)

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Core

 In 3 days countdown to 2024 Bitcoin halving, CoreDAO developers launched Non-custodial BTC staking on Core Chain!

For the first time ever, Bitcoin holders can earn yield on their BTC directly within the Bitcoin Network, without needing to move, or hand over custody of their coins.

Non-custodial: BTC holders hold their BTC in their wallet

BTC Staking: BTC holders earn with their BTC without giving up custody of their BTC, holders can lock up/stake their BTC on the Bitcoin Network to participate in Core Chain's security and earn CORE coin rewards using coreBTC.

What is coreBTC?

coreBTC is a native wrapped Bitcoin on the Core Chain, maintaining a 1:1 peg with BTC through a secured and trustless mechanism. It allows Bitcoin users to interact seamlessly with the DeFi space on the EVM-Compatible Core Chain using their BTC assets, expanding Bitcoins's functionality within the DeFi landscape without compromising inherent security.

Unlike the regular centralized wrapped tokens like WBTC which rely on a custodian to hold the underlying Bitcoin, coreBTC operates through a decentralized infrastructure. It involves permissionless participants such as lockers, Guardians, and Liquidators, ensuring enhanced security and integrity without relying on central custodians. This structure aligns with the decentralized ethos of blockchain, mitigating entities.

How is the safety of BTC on the Core Chain?

The security of the holder's BTC in the coreBTC system is assured by over-collateralization required from Lockers and the continuous monitoring by Guardians and Liquidators. This structure ensures that the locked BTC is always backed by sufficient collateral on the Core Chain, safeguarding against mismanagement or value drops. The decentralized nature of this ecosystem also contributes to its reliability and security.

Also, Core Chain protocol and coreBTC's security have been thoroughly audited by Halborn, a SOC2 Type 1 compliant firm renowned for its smart contract security expertise and trusted by leading Blockchain platforms like Ava Labs, Solana, and Polygon, as well as DeFi projects like Sushiswap. As stated in the coreBTC FAQs.
Find out more about coreBTC here.

The launch adds to BTC's utility and strengthens Core Chain's security and Bitcoin alignment, according to the Coredao X handle.

About Core Blockchain

Core Chain is a new layer 1 blockchain built on the Satoshi Plus Consensus Algorithm consisting of a combination of Bitcoin's security and Ethereum's scalability by an anonymous group of blockchain developers named CoreDAO. 

The CoreDAO's mission is to build the strongest and most inclusive community on the web 3. 



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